The technology of producing a liquid fuel from coal or natural gas is hardly new. The Fischer-Tropsch process was developed by German researchers Franz Fischer and Hans Tropsch in 1923 and used by Germany and Japan during World War II to produce alternative fuels. Indeed, in 1944, Germany produced 6.5 million tons, or 124,000 barrels a day.

CTL fuel is already in use elsewhere, like South Africa, where it meets 30 percent of transportation fuel needs.

In addition to being cheaper than oil, advocates point out that the fuel is environmentally friendlier and would also help America wean itself of foreign oil imports.

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Bharatbook.com, a leading information aggregator, facilitates and supports the business information needs for market research , corporate / strategic planning by providing the latest information in the form of reports, journals, magazines and databases on varied industries like automotive, oil and gas, shipping, textiles, pharmaceuticals, energy, banking, finance, insurance, risk management, country intelligence, consumer & durable goods, chemical and more. With over 90,000 reports, you can get instant access and insights on the studies in your areas of interest. For more information, call at +91 22 27578668 / 27579438 or email info@bharatbook.com or our website http://www.bharatbook.com